Asiamoney Pakistan’s best international bank 2022: Credit Suisse
Credit Suisse’s willingness to take Pakistan far more seriously than many of its global peers paid off last year.
Since its first business opening in South Asia’s third-largest economy in the 1990s, Credit Suisse has nurtured relationships with the Ministry of Finance, as well as big names in the private sector and international investors.
Credit Suisse is not constantly present on the ground either in Karachi or in Islamabad. But under Singapore-based head of frontier markets Babur Rais, the bank works across different sectors and products with active support from its corporate finance, equity, fixed income and private banking teams. to produce results in Pakistan.
Rais works closely on Pakistan coverage with Singapore-based Rehan Anwer, Head of Southeast Asia Investment Banking and Capital Markets, and Managing Director of Southeast Asia .
In 2021, Credit Suisse demonstrated the depth and breadth of these relationships, processing transactions with a total value of nearly $5.3 billion, despite challenging market conditions. Much of Credit Suisse’s time and energy was devoted to sovereign finance last year, and it was a key partner in recent government debt deals, for example.